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Showing 31 - 40 of 61 results for "KiwiSaver"

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
... (SMSFs). From 1 July 2013 it will be possible to transfer retirement savings account proceeds between the New Zealand Kiwisaver scheme and Australian Prudential Regulation Authority (APRA) regulated super funds. The Trans-Tasman Portability Scheme marks ...

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
... Zealand owned company that specialises in life insurance, personal protection, business insurance, savings, investment and KiwiSaver. Under the agreement with Fidelity, TOWER will sell most of its non-participating life insurance policies, retaining ...

KiwiSaver up 36% to A$12.2bn

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
KiwiSaver combined funds under management reached A$12.2 billion at end December last year after posting annual growth of 36%, more than twice the growth rate experienced by Australian super funds. KiwiSaver is the New Zealand equivalent of Australia's ...

KiwiSaver 5 years going strong

ALEX DUNNIN  |  WEDNESDAY, 18 JUL 2012
KiwiSaver, New Zealand's opt-out default workplace superannuation scheme, has just had its fifth birthday and despite its early critics now has almost 2 million members and $A8.8bn in assets. KiwiSaver membership is equivalent to about two-thirds of ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
... likely compromise, which, ironically, is very similar to the way employer super works in New Zealand with a panel of KiwiSaver default funds. Reflecting these issues, the response from superannuation industry players is largely as expected. Matt Linden ...

Mercer appoints outsourcing head for Aust/NZ

ELISE BURGESS  |  FRIDAY, 10 FEB 2012
... $55 billion of funds under administration, providing administration and member services for the Mercer Super Trust, Kiwisaver, corporate stand-alone clients, multi-employer (industry and public sector) funds and private client financial advisory services. ...

AMP Financial Services posts strong results

ELISE BURGESS  |  THURSDAY, 27 OCT 2011
... The AXA North platform climbed 7% in AUM to $2 billion, doubling net cashflows to $242 million while the New Zealand KiwiSaver net cashflows rose 10% on last year's quarter to $1.4 billion. Risk insurance annual premium income for AMP and AXA's risk ...

NZ Govt to enrol extra 1m into Kiwisaver

ALEX DUNNIN  |  THURSDAY, 25 AUG 2011
... Government is proposing to automatically enrol about 1 million employees into their de facto national superannuation scheme Kiwisaver, for an estimated cost to taxpayers of A$600 million. The A$7 billion Kiwisaver scheme that makes up 13% of the NZ funds ...

Diversified pension policy is best: OECD

ALEX DUNNIN  |  WEDNESDAY, 25 MAY 2011
... on average account for only about 60 per cent of total retirement income. The OECD analysis highlighted New Zealand's KiwiSaver, the UK's proposed scheme that will be launched in 2012 and German Reister scheme - but not the Australian superannuation ...

Towers Watson builds investment team

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
... Actuarial Retirement Service Centre in Melbourne and chaired the trustee board which had fiduciary responsibility for KiwiSaver (its master trust) and the New Zealand wholesale funds management business. In addition to Newfield, Towers Watson Investments ...